ECON202 American dream Paper Follow the instructions in the two attachments I attach Prof. Xiao; Econ 202; Spring 2019 Writing Assignment This writing assi

ECON202 American dream Paper Follow the instructions in the two attachments I attach Prof. Xiao; Econ 202; Spring 2019
Writing Assignment
This writing assignment accounts for 15% of your final grade. The assignment will be due on
Tuesday, May 7th at the beginning of class. Please note that late papers will NOT be
accepted and will result in a grade of zero.
Carefully listen to the program and/or read the transcript entitled “Is the American Dream Really
Dead?” (http://freakonomics.com/podcast/american-dream-really-dead/) and use your own
words to write a brief commentary based on the following instructions.
1. Start your commentary with an introduction – a short paragraph which summarizes the main
points of the program.
2. Next, you are asked to comment on the following issues more specifically:
(1) What is the American Dream and what is the economics of the American Dream?
(2) What does Prof. Raj Chetty study and why is his research important? Based on his
findings, in the US, what percentage of children from the bottom 20 percent income
bracket actually make it to the top 20 percent? What are the numbers for other countries?
Is it true that “the American Dream” might as well be called “the Canadian Dream”?
(3) What was the “Moving to Opportunity” (MTO) program implemented in the 1990s and
what was the main purpose of the program? What did researchers initially conclude from
the MTO experiment? And what significantly different results did Chetty find while reevaluating the MTO data? Do you think the MTO type of program could be effective for
the whole country?
(4) According to Chetty, what are the five significant factors which might enhance the
probability of achieving the American Dream and how specifically could each factor
affect our upward income mobility?
(5) So, do you think the American Dream is still alive? And do you know any person in your
life who actually achieved the American Dream?
3. The last paragraph is the conclusion. You should summarize the main points raised in your
commentary. Also, be sure to provide your own interpretation or critique of the main issues. Do
you generally agree with the program on the main issues? Explain why or why not.
Length of your paper: Minimum 3 pages and maximum 5 pages of text, Times New Roman 12point font, double-spaced, with 1 inch margins on all sides. (Failure to comply with these
requirements will result in an automatic deduction of 10% of your paper grade.)
You must work independently and write up your own paper. Make sure that you use your
own words and do not use any material from any outside sources for your paper. Please
note that I reserve the right to use on-line databases such as turnitin.com to check the authenticity
of your writing. As indicated in the course syllabus, I want to emphasize that plagiarism is a
very serious academic offense and will result in an F for the course and other disciplinary
action.
You may come to me at any time if you have any questions regarding your writing assignment.
In fact, I strongly urge you to come by my office hours or make an appointment to see me – I
will be happy to go over your writing with you.
Good luck!
Prof. Xiao; Econ 202; Spring 2019
Grading Sheet for the Writing Assignment
Your Name: _____________________________________
Organization and Structure, Introduction, Content, and Conclusion
Organization/Structure
0
1
Introduction
0
1
2
Conclusion
0
1
2
Q1
0
1
2
Q2
0
1
2
Q3
0
1
2
Q4
0
1
2
Q5
0
1
2
0
1
2
Main Text
Grammar/Spelling
Overall Writing
0
1
2
3
Format (2 pts.)*
Use Own Words (2 pts.)*
Total Points
* Format: Minimum 3 pages and maximum 5 pages of text, Times New Roman 12-point font,
double-spaced, with 1 inch margins on all sides. Failure to comply with these requirements will
result in a deduction of 10% of your paper grade.
* Make sure that you use your own words and do NOT use any material from any outside
sources for your paper. Failure to do so will result in an immediate deduction of 10% of your
paper grade and other additional appropriate penalties.
I want to emphasize that plagiarism is a very serious academic offense and will result in a
grade of zero for the paper, an F for the course, and other disciplinary action.

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